Festina Finance A/S — Credit Rating and Financial Key Figures

Festina Finance A/S (CVR number: 30986253) is a company from FURESØ. The company reported a net sales of 171.1 mDKK in 2024, demonstrating a growth of 16 % compared to the previous year. The operating profit percentage was poor at -11.8 % (EBIT: -20.1 mDKK), while net earnings were -22.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -42.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Festina Finance A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.